Belgium charges Swiss bank UBS with organizing tax evasion

Published February 26, 2016

A Belgian judge has charged Swiss bank UBS with money laundering and 'serious and organized tax evasion.'

In a statement Friday, Jennifer Vanderputten, the spokesperson for the crown prosecutor, says the bank is suspected of directly seeking clients in Belgium with the intention of helping them evade taxes.

URL

https://www.foxnews.com/world/belgium-charges-swiss-bank-ubs-with-organizing-tax-evasion